Hello,
Im in the market on getting a new car as my currently lease car will end in Dec. Could someone help me on some insights on a good deal for a lease on the following car? Looking for lease payment less than $500 but up to $550 w/ tax. (Lower the better). What do you think is a good lease deal on these car and should I wait till end of year, closer to my lease end before jumping the gun?
2018 Volvo XC60 T6 or T8 R-Design / Either White or Blue with 21" wheels, Advanced Pkg, Vision Pkg, air suspension, B&W, and Convenience pkg.
Looking for similar options for a 2017 or 2018 XC90 as well. Please let me know. Thanks.
Do your work and you will know where you stand. No one here will build your cars to figure out MSRP. Once you do, you can get numbers on Edmunds forum and current incentives on Volvo site. Then use calculator.
Step 1: Locate local dealers.
Step 2: Find a vehicle that fullfills your needs.
Step 3: Using Volvo website, look up all the standard rebates and discounts.
Step 4: Find out the MF and RV of the vehicle through Edmunds Forum.
Step 5: Email the dealers and ask for a price breakdown.
Step 6: Once you receive a quote, post on the forum and seek advice.
Everyone is here to help you, however we’re not brokers. If you want someone to do all the work and give you flat numbers after taking into consideration all of your preferences, you should contact a broker.
So, here is one of the deals I just received on the 2017 XC90 T8 R Design. I don’t think its that great of a deal since the residual sucks but what can I do in order to get below $600 range? Is that even possible? This is just based on one inquiry. Please lmk what you think. Appreciate your help.
TERM: 36 MO
RATE: .00192
RESIDUAL: .53
ALLOW MI/YR: 7,500
DRIVE OFF: $0
(we can use the $4,585 T8 Noncash Lease Credit as a cap cost reduction and cover your drive off)
REBATE: $4,585
MO. PYMT: 1,081.13 (LA county tax rate of 9.25 was applied)
Doubt you can get close to $600/month with those poor RVs. Wait for incentives to increase, ask for larger discounts (before incentives/rebates) and apply max MSDs.
Below $600 isn’t going to happen this month on that car. Check out a T6R, MF and residuals are both better but I still doubt you’ll be close to your target monthly.
What about this deal. This is a demo car w/ 6000 miles but w/ all the options. Is there more room for discount? This is a 2107 XC90 T6 R Design with similar options as above mentioned but a demo car.
It will be very hard to get anywhere close to the 600’s this month for a T8. In fact, the best quote that I’ve gotten so far for a 53K T5 was $500 per month for a 36/10 lease with taxes and fees, $3,000, paid upfront. This was in NJ and I understand that dealers in this area, NYC, are not willing to give much of a discount. But, I have even tried to reach as far as MD and VA and I had one dealer from VA laugh at my offer when I tried to negotiate a 54K 2017 XC90 T5 for 11% off MSRP before rebates.
Someone got 485 with first month drive off on a 53k T5. And he did not even do msd. So sub 450 xc90 should be possible. And that person was in Texas where they pay tax on full price.
